Monday, February 19, 2018

Act Now: Bill Would Cut Common School Fund By $2 million

The Assembly Committee on Judiciary is voting at 5 p.m. tomorrow night on Assembly Bill 773 which would eliminate the Department of Revenue’s (DOR) ability to conduct third-party audits related to unclaimed property. Proceeds from unclaimed property go into the Common School Fund, and DOR says this bill would result in $1.7 million less going to the Common School Fund in 2018. 

Contact your state representative and ask them to remove the unclaimed property changes from AB 773 because they would hurt the Common School Fund. Let them know that BCPL, which administers the Common School Fund, voted to oppose this change because it would hurt school  libraries. Find out who represents you here: (click on “Who Are My Legislators?”)

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